507 HIGHLAND SPRING LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $888,408 and $1,337,222, with a best estimate of $972,761. That places the property below the G716700A - County 262 Lake Properties (Log) median of $975,636, in a neighborhood that appreciated 5.6% over the past year.
Estimated Value Range
$972,761
$872,023
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G716700A - County 262 Lake Properties (Log), this home's estimated market value is between $888,408 and $1,337,222. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$143,195 for 452 sqft more living space. Net adjustment: +$143,195.
Adjusted -$53,540 for 169 sqft less living space. Net adjustment: -$53,540.
Adjusted +$170,440 for 538 sqft more living space. Net adjustment: +$170,440.
Adjusted -$79,834 for 252 sqft less living space. Net adjustment: -$79,834.
Adjusted -$108,030 for 341 sqft less living space and -$14,535 for being older. Net adjustment: -$122,565.
The Neighborhood
This home is valued 10.6% below the G716700A - County 262 Lake Properties (Log) median of $975,636. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.6% over the past year.
G716700A - County 262 Lake Properties (Log)
typicalThis home is -10.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,565 across all districts. With a homestead exemption claimed, that drops to $11,933 — saving $1,632 per year. That's $994 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $9,161 |
| Williamson County | County | 0.3694% | $3,222 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $795 |
| Williamson County FM/Rd | County | 0.0443% | $387 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $13,565 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $972,761 would pay approximately $6,072 per month (principal and interest only, excluding taxes and insurance).